The value of supply of goods and services is determined by Section 15 of the Central Goods and Services Tax ('CGST Act') in GST regime. However, for various specified services, there are specific provisions provided in GST Law to determine the value of supply. These provisions have been imported from the service tax regime. The specified services and provisions for the same have been given hereunder:
Value of supply in case of lottery, betting,
gambling and horse racing
Value of service
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1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
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